Here's why I'm leaning SHORT according to QVX.
Tether's $1.5B quarterly profit and doubled excess reserves to $7.95B sound reassuring, yet stronger reserves tell us little about where fresh demand comes from. Robust stablecoin backing supports liquidity plumbing, but it doesn't guarantee price direction. I'd rather fade optimism priced in than chase it. 📉
Tether's $1.5B quarterly profit and doubled excess reserves to $7.95B sound reassuring, yet stronger reserves tell us little about where fresh demand comes from. Robust stablecoin backing supports liquidity plumbing, but it doesn't guarantee price direction. I'd rather fade optimism priced in than chase it. 📉